Today: 30/01/2023 16:16:02 (GMT+7)

Bac Giang attracts over 870 million USD of investment in eight months

(BGO) – The northern province of Bac Giang attracted total investment of 72.4 million USD in August 2021, accounting for 93.18 percent against the figure at the same period last year.

In August, the province licensed four foreign direct investment (FDI) projects with total registered capital of 8.1 million USD and approved for eight FDI projects to add capitals up to 64.34 million USD.

Bac Giang province, investment capital, eight months, investment attraction, foreign direct investment, FDI projects

Illustrative image.

In accumulation, the province has lured 871.43 million USD of investment since early this year, making up 94.41 percent comparing to the same period last year. Local authority approved for 21 new domestic projects with registered capital of 1,505 billion VND, 17 FDI projects worth 643.2 million USD while adjusting 7 domestic projects with added capital of 90.4 billion VND and 30 FDI ones with 158.87 million USD.

Comparing to the figures in 2020, the number of domestic projects accounted for 30 percent, newly registered capital made up 19.98 percent, the number of new FDI projects accounted for 77.27 percent with registered capital nearly doubling last year one, the number of adjusted projects made up 93.75 percent, added capital accounted for 56.95 percent.

Also in August, 108 new businesses were established in the province, 25.5 percent year on year decrease. In accumulation, the province has had 863 newly established companies (the same as last year) with added capital over 17,635 billion VND (1.9 fold increase).

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Binh Minh

Bac Giang province, investment capital, eight months, investment attraction, foreign direct investment, FDI projects
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